uniquely qualified to talk about this sector being a developer in so many cities. >> look, i think you look at housing and it's a bright spot in the economy and what's going to help propel our economy back. miami, for example. one of the first to go down steeply, along with las vegas. and we operate in both of those cities. prices are up in las vegas now, 7% and miami 8%. so you're seeing tremendous up side in housing. >> these are some of the areas that really plummeted. >> yes. >> yeah. so now they're coming back. >> san francisco is coming back, as well. miami roared back. miami's inventory is lower than it -- was in its peak. its price increases are happening more rapidly than during the last peak in the marketplace back in '06 when the market really peaked. >> fascinating. so how important is this for the overall economy that you're seeing these hot spots of real development and bursts of energy in certain cities? >> very important. because one, of course, as inventory shrinks and prices increase, there's a greater demand for new construction. also, most americans' net worth is tied in

announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ all of a sudden, when you have been making them with somebody else for 35 years. i guess there is something in me that has always been strong. i've always gotten through some pretty rough stuff without falling to pieces. ♪ ♪ bp has paid over twenty-threebp billion dollarsnt to the gulf. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> welcome back. if all the talk about the looming fiscal cliff has you wonderin

by citigroup's new chairman and ceo. he announced 11,000 layoffs this week. citi will take a pre-tax charge of more than a billion dollars. the markets liked the move. the stock rallied about 7% on the expense cuts. >>> a big deal for netflix and dismy, they announced a licensing agreement to show disney movies shortly after they leave the theaters. the fiscal cliff and jobs numbers and state of the economy. who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of california at berkeley. good to see you. thanks so much for joining us. >> how are you? >> let's talk about these numbers on friday, the surprisingly strong jobs numbers. 146,000 new jobs created. the unemployment rate dropping to 7.7%. we were expecting some impact from the super storm sandy in earlier thanksgiving. what do the numbers say about the economy? >> apparently we are still struggling. these are not hugely wonderful numbers but undoubtedly we're moving in the right direction. the early thanksgiving may have cance

in new york city, is almost like, she's more powerful, she's more sleek, she's fashion forward, she's sophisticated. - their full-bodied, ultra glam, hot-rolled curls sparked a revolution. - because of these shows, like "the bionic woman" and "charlie's angels," i knew how to use curlers, every kind of them. the foam curlers, the ones you plug in and they wrap around, the velcro rollers. i knew how to use all of those by fifth grade. - speaking of angels, on "highway to heaven," michael landon played one. - my pleasure! - he was on a mission from god, and with his trusted sidekick, traveled from town to town to help the lost find their way back to the "highway to heaven." so, naturally, he needed a hair halo. - now, michael landon had what i would call, like, a sex helmet. like, i would liken his hair to that, 'cause it's like, it didn't-didn't really move. it was just, there was so much hair, you know? it was like 90% of his whole body was hair, right? - you can't talk tv hair without a nod, or a bark... [barks] to lassie. the courageous collie spent every waking minute saving her

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